Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Tidewater Midstream and Infrastructure Ltd T.TWM

Alternate Symbol(s):  T.TWM.DB.A | TWMIF

Tidewater Midstream and Infrastructure Ltd. is a diversified midstream and infrastructure company with an integrated value chain across North American natural gas, natural gas liquids (NGLs), crude oil, refined product, and renewable energy markets. The Company's operations include downstream facilities, natural gas processing facilities, NGLs infrastructure, pipelines, storage, and various renewable initiatives. It also markets crude, refined products, natural gas, NGLs and renewable products and services to customers across North America. Its key midstream assets include the Brazeau River Complex and Fractionation Facility (BRC), a full-service natural gas and NGL processing facility with natural gas storage pools, and the Ram River Gas Plant, a sour natural gas processing facility with sulfur handling solutions and rail connections. Its key downstream asset is the Prince George Refinery (PGR), the sole light oil refinery within the interior British Columbia market.


TSX:TWM - Post by User

Post by TVRon Jul 02, 2024 11:19pm
552 Views
Post# 36115680

Value of TWM's Brazeau River Gas Processing Plant

Value of TWM's Brazeau River Gas Processing PlantBased on the values reported today in Whitecaps's sale of interests in its gas processing facilities to Topas and Pembina it looks like TWMs Brazeau River Gas Processing Plant could have a sale value in the range of $400 million. Brazeau is 180mmcf/d gas processing capability + 10,000 bpd NGL fractionation capacity.  Whitecap got $100 million for 50% of Musreau (43mmcf/d+ 12,500 bpd liquids capacity; The secpnd deal for the Kaybob complex with 165mmcf/d + 15,000 bpd condensate capacity was more complicated because it included Pembina funding a new facility.  Brazeau is not opertaing at capaacity, but is averaging 70% to 80% capacity so not too bad.  Since TWMs current martket cap is only around $250 million it looks like selling off their assets (Brazeau, Prince George Refinery + Renewables business) could bring in 4 to 5 times the current market cap or 4 times after eliminating all current debt.; Time for a sale process?
<< Previous
Bullboard Posts
Next >>

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse